Merchandise exports to low- and middle-income economies in Latin in Colombia
Colombia: Merchandise exports to low- and middle-income economies in Latin was 19.5% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Colombia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in latin in Colombia stood at 19.5%.
That represents a change of up 10.9% on the previous year and up 37.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Colombia peaked at 22.0% in 2019 and was at its lowest, 1.2%, in 1960.
Colombia ranks 18th of 203 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Colombia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.2% | — |
| 1961 | 1.7% | +38.5% |
| 1962 | 1.8% | +4.0% |
| 1963 | 1.9% | +10.0% |
| 1964 | 2.8% | +44.4% |
| 1965 | 4.4% | +56.5% |
| 1966 | 6.6% | +49.7% |
| 1967 | 4.2% | -35.3% |
| 1968 | 5.4% | +26.2% |
| 1969 | 6.9% | +27.9% |
| 1970 | 8.1% | +17.7% |
| 1971 | 12.3% | +53.0% |
| 1972 | 10.7% | -13.0% |
| 1973 | 9.3% | -13.5% |
| 1974 | 12.6% | +35.6% |
| 1975 | 11.8% | -6.5% |
| 1976 | 8.6% | -27.1% |
| 1977 | 7.1% | -17.6% |
| 1978 | 4.5% | -36.3% |
| 1979 | 5.4% | +19.0% |
| 1980 | 6.5% | +21.4% |
| 1981 | 7.9% | +21.8% |
| 1982 | 5.8% | -26.5% |
| 1983 | 6.1% | +4.5% |
| 1984 | 6.4% | +4.3% |
| 1985 | 6.1% | -4.4% |
| 1986 | 5.6% | -8.0% |
| 1987 | 6.9% | +22.6% |
| 1988 | 6.3% | -8.0% |
| 1989 | 6.1% | -3.8% |
| 1990 | 5.9% | -2.6% |
| 1991 | 9.8% | +65.3% |
| 1992 | 12.6% | +29.4% |
| 1993 | 12.3% | -2.5% |
| 1994 | 13.5% | +10.1% |
| 1995 | 16.2% | +19.3% |
| 1996 | 16.4% | +1.2% |
| 1997 | 16.2% | -0.7% |
| 1998 | 15.9% | -2.3% |
| 1999 | 13.7% | -13.4% |
| 2000 | 14.6% | +6.1% |
| 2001 | 16.2% | +11.2% |
| 2002 | 18.9% | +16.7% |
| 2003 | 19.6% | +3.9% |
| 2004 | 20.5% | +4.5% |
| 2005 | 20.0% | -2.5% |
| 2006 | 17.2% | -14.3% |
| 2007 | 15.4% | -10.3% |
| 2008 | 15.2% | -1.5% |
| 2009 | 14.2% | -6.1% |
| 2010 | 17.0% | +19.6% |
| 2011 | 15.1% | -11.5% |
| 2012 | 14.0% | -7.5% |
| 2013 | 14.1% | +1.1% |
| 2014 | 13.8% | -2.1% |
| 2015 | 18.2% | +31.9% |
| 2016 | 19.6% | +7.4% |
| 2017 | 21.4% | +9.2% |
| 2018 | 21.5% | +0.4% |
| 2019 | 22.0% | +2.5% |
| 2020 | 21.3% | -3.1% |
| 2021 | 20.7% | -2.9% |
| 2022 | 17.5% | -15.2% |
| 2023 | 19.5% | +10.9% |
Colombia compared with similar countries
- Colombia's 19.5% is above the median for upper middle income countries, which is 1.9%, 10.1× the median. (58 countries reporting)
- Colombia's 19.5% is above the median for Latin America & Caribbean, which is 14.5%, 1.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 1.2% | 6.9% | 10 |
| 1970s | 9.0% | 4.5% | 12.6% | 10 |
| 1980s | 6.4% | 5.6% | 7.9% | 10 |
| 1990s | 13.2% | 5.9% | 16.4% | 10 |
| 2000s | 17.2% | 14.2% | 20.5% | 10 |
| 2010s | 17.7% | 13.8% | 22.0% | 10 |
| 2020s | 19.8% | 17.5% | 21.3% | 4 |
Countries ranked near Colombia
- 15 United States 23.4% compare
- 16 Venezuela 22.8% compare
- 17 Costa Rica 21.1% compare
- 19 Saint Lucia 18.5% compare
- 20 Trinidad and Tobago 15.5% compare
- 21 Chile 13.4% compare
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 937.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1095 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.05 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Colombia?
- Merchandise exports to low- and middle-income economies in latin in Colombia was 19.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Colombia?
- The highest recorded value was 22.0% in 2019.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Colombia?
- The lowest recorded value was 1.2% in 1960.
- How does Colombia rank for merchandise exports to low- and middle-income economies in latin?
- Colombia ranks 18th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Colombia?
- Over the last ten years it is up 37.9%. The long-run trend across the full record is volatile.
- Where does this Colombia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.